Congressman Bill Foster introduced legislation to enhance funding and staffing for financial oversight agencies, safeguarding U.S. financial stability.
Quiver AI Summary
Congressman Foster introduces new financial oversight legislation: Congressman Bill Foster (D-IL) has introduced the Enhancing Financial Stability Research and Oversight Act, aimed at establishing minimum budget and staffing levels for the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC) to enhance financial oversight.
Context of the legislation: The bill addresses budget cuts proposed under the Trump administration, which reduced staffing at these agencies significantly. Foster emphasized the importance of these agencies in monitoring financial system risks, stating, "This legislation would help protect the important work these agencies do."
Support for the bill: Key figures, including Representatives Brad Sherman, Joyce Beatty, Sean Casten, and Nydia Velázquez, have co-sponsored the legislation, which seeks to safeguard the effectiveness of financial regulatory bodies, protecting American consumers.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Bill Foster Fundraising
Bill Foster recently disclosed $307.8K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 310th most from all Q3 reports we have seen this year. 71.9% came from individual donors.
Foster disclosed $148.0K of spending. This was the 418th most from all Q3 reports we have seen from politicians so far this year.
Foster disclosed $2.0M of cash on hand at the end of the filing period. This was the 175th most from all Q3 reports we have seen this year.
You can see the disclosure here, or track Bill Foster's fundraising on Quiver Quantitative.
Bill Foster Net Worth
Quiver Quantitative estimates that Bill Foster is worth $20.2M, as of January 16th, 2026. This is the 65th highest net worth in Congress, per our live estimates.
Foster has approximately $10.0M invested in publicly traded assets which Quiver is able to track live.
You can track Bill Foster's net worth on Quiver Quantitative's politician page for Foster.
Bill Foster Bill Proposals
Here are some bills which have recently been proposed by Bill Foster:
- H.R.6741: Payer State Transparency Act of 2025
- H.R.6686: No Cost Educational Resources Act of 2025
- H.R.6571: REAL Act
- H.R.4496: Restore and Modernize Our National Laboratories Act of 2025
- H.R.4402: DASHBOARD Act of 2025
- H.R.3682: Financial Stability Oversight Council Improvement Act of 2025
You can track bills proposed by Bill Foster on Quiver Quantitative's politician page for Foster.
